RBI Released Reference Rate for USD and Euro on February 24, 2011

OREANDA-NEWS. February 24, 2011. The Reserve Bank of India's Reference Rate for the US dollar is 45.37 and the Reference Rate for Euro is 62.39 on February 24, 2011. The corresponding rates for the previous day (February 23, 2011) were 45.20 and 61.88 respectively. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of GBP and Japanese Yen against the Rupee are:

Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai. The SDR-Rupee rate will be based on this rate.